Elysian (ELY) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has declined 50.55% to $0.0009356195749.
Highly VolatileInvestorsObserver gives Elysian a high volatility rank of 87, placing it in the top 13% of cryptos on the market.
The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. ELY's high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
Elysian price is favorably positioned going forward. With support around $0.000420563553396815 and resistance near $0.00137468973587474. This leaves Elysian with room to run before facing selling pressures.